TOPIC Accelerates into Motorsports Insurance Race

ORMOND BEACH, Fla. -- TOPIC Insurance of Ormond Beach, Fla. has expanded on its 11-year involvement in motorsports insurance with the creation of TOPIC Motorsports Insurance (TMI), a new one-stop insurance option for racing tracks, teams and promoters. In the wake of this announcement, TMI has formed an exclusive arrangement with ASA Racing of Daytona Beach, Fla. ASA Racing Member Track owners are now able to purchase general and excess liability, automobile, an expanded ASA exclusive $500,000 participant accident medical, workers compensation and health insurance directly from TMI.

“With more than a century of collective motorsports insurance experience, the team at TMI is able to provide products and coverage for virtually any situation,” said Todd Phillips, president of TMI and a 22-year insurance veteran. “We’re thrilled to be working with ASA Racing and their growing family of tracks.”

According to Dennis Huth, president and managing member of ASA Racing, TMI is in tune with the needs and challenges track owners are dealing with today. “Todd and his group are able to respond with great service and innovative solutions. In the competitive world of insurance, TMI has the team, the talent and the resources we want for our members, sponsors, tracks and tours.”

In addition to the exclusive arrangement with ASA Racing, TMI is one of just four agencies in the country that has been accepted by NASCAR for the 2007 season.

TMI will rely on WSIB Motorsports Insurance for all of its underwriting, supported by the Chubb Group of Insurance Companies, a multibillion dollar global property and casualty insurance firm.

“TMI is ideally suited to handle the insurance needs for the expanding ASA Racing Member Tracks alliance,” said Don DeWitt, CIC, senior vice president of WSIB. “TMI is an agency that delivers the superior client service, first-class products and underwriting capabilities this industry needs.”